Claire Coe Smith

Just what does the next decade hold for the asset class? PDI looks at the themes set to dominate the coming years

The race is on to attract individual investors to the asset class

Direct lending, speciality finance and venture debt are among the opportunities set to appeal to investors

Inflationary pressures and higher interest rates are expected to drive broad-based distressed activity in coming months, even in sectors regarded as safe havens.

Western GPs are honing in on the region and looking to open offices in Warsaw.

This fast-growing region presents strong direct lending opportunities.

Private debt is moving beyond pure sponsor-driven M&A in Europe as financing options continue to grow.

The country is now the most active private debt market in Europe.

The denominator effect combined with a need for liquidity has delivered a boost to the nascent credit secondaries market.

Banks remain strong in Scandinavia, so debt funds are having to learn to compete on their own terms.